Tether transferred 204.3 BTC to Bitfinex; the address holds approximately 96,900 BTC
2026-06-02 09:59
According to on-chain analyst Yu Jin's monitoring, Tether's BTC reserve address transferred 204.3 BTC to Bitfinex 3 hours ago. Since 2023, the address has been using 15% of the company's profits to purchase BTC. It currently holds 96,936 BTC, valued at approximately $6.72 billion at current prices, making it the fifth largest BTC wallet. The average purchase price of BTC withdrawn from Bitfinex to this address is approximately $51,312, with an unrealized profit of about $1.75 billion.
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